PRESS RELEASE
May 13, 2003
For Immediate Distribution
CardPayment Solutions and Global eTelecom, Inc. Renew Partnership Agreement For Electronic Check Conversion
Destin, Florida - Global eTelecom, the national leader in the Electronic Check Conversion (ECC) industry announced today the renewal of their processing agreement with CardPayment Solutions. Under this contract, Global eTelecom will continue to provide complete back engine processing and support for the CardPayment Solutions’ Electronic Check Conversion programs.
“We have had the pleasure of working alongside Matthew Hyman and his team at CardPayment Solutions for a year and half.It has been absolutely incredible to witness the growth they have accomplished in such a short period of time. They have built an outstanding organization founded on solid sales principles and strong work ethic, while offering their sales offices a complete suite of solutions. We look forward to continuing to provide them the best electronic check solutions and assisting them in becoming one of the larger players in the merchant services industry.” Says Chris Brundage, Senior Vice President of Global eTelecom.
“Our experience with Global eTelecom has been exemplary.We could not have hoped for a stronger or more helpful partner in our quest to be on the forward edge of the industry in offering advanced payment solutions. Global eTelecom has the kind of seamless, perfectly integrated systems that a sales organization must have to stay competitive. We are excited to continue offering these advanced electronic check services to our clients,” says Matthew Hyman, President of CardPayment Solutions, Inc.
About Global eTelecom, Inc.:
Providing TOTAL Check Solutions. Global eTelecom
provides it's proprietary, fully customizable XML based electronic check
processing services to a nationwide network of banks, independent sales agents
and associations, credit card processors, insurance companies, and retail
merchants, ranging in size from small "Mom &Pop" stores to
national retail chains. Global eTelecom's Electronic Check Services include:
Electronic Check Conversion (Point-of-Purchase), Electronic Mail Order /
Telephone Order Checks (MOTO), ARC Lockbox Conversion, Electronic Recurring
Debit, Electronic Represented Check Collection (RCK), Electronic Check Image
Capture, and Secure Web Based Check Image Retrieval. More information on Global
eTelecom can be found on the Company's website at www.globaletelecom.com Global
eTelecom’s electronic check services are Licensed Under U.S. Patents:
5,484,988; 6,164,528; 6,283,366; and 6,354,491 from LML Payment Systems
Corp. More information on Global eTelecom can be found on the company's website at www.globaletelecom.com
About CardPayment Solutions:
Headquartered in Santa Barbara California, CardPayment Solutions provides a full suite of end-to-end payment processing solutions.With state of the art systems and a strong infrastructure to support our growth CardPayment Solutions adds over 600 new merchants monthly and stays focused on exceptional service delivery to both our merchants and Agents/ISO’s. For more information, please visit our website: www.csiprocessing.com
Contacts:
Chris Brundage
Senior Vice President
Global eTelecom
35008 Emerald Coast Pky
Destin, FL 32541
Phone: (850) 650-8506
Email: cbrundage@globaletelecom.com